Markets

Jul 15, 2013 at 14:37

As the lyrics from the immortal above titled Roger Waters master piece originally performed some 30 years ago now implies, which means we've been on this train for some time…

Jul 15, 2013 at 11:20

Retail sales were up 0.4% in June compared to Bloomberg estimates of +0.8%. May retail sales were revised lower, to +0.5% from an originally reported +0.6%. The increase seems healthy…

Jul 15, 2013 at 11:02

In 1977, Congress amended The Federal Reserve Act, stating the monetary policy objectives of the Federal Reserve are "to promote effectively the goals of maximum employment, stable prices and moderate…

Jul 15, 2013 at 10:38

During the recent weeks we have seen commodities especially precious metals continue to drop in value. Market participant sentiment has become more bearish on commodities and couple that with a…

Jul 15, 2013 at 08:31

Dominion Resources: This Fine / Quality Company (D) currently and for over 2 months has my Initial Bearish "Warning" in place that must be respected!

Jul 15, 2013 at 07:04

For the fifth week in a row, equity market investor sentiment remains neutral. Over the past 3 weeks, the market erased the losses suffered over the prior 4 weeks and…

Jul 15, 2013 at 07:01

As the 10-year to T-bill yield curve chart makes clear, we are not in Kansas anymore. We are in Wonderland and as you can see, in Wonderland interest rates and…

Jul 15, 2013 at 06:58

A subscriber asked me this week why the precious metals complex has been falling and if the charts could show the reason why. From the Chartology perspective it's really a…

Jul 15, 2013 at 05:27

The dollar, as the internationally-accepted fiat currency, is a good proxy for all the others, and the need to incorporate changes in the quantity of money has become urgent since…

Jul 15, 2013 at 05:18

GBP/USD is weakening after its surge higher near the support at 1.4832. A resistance lies at 1.5222 (11/07/2013 high), while a key resistance is at 1.5305. Hourly support can be…